Piaz Company owns a machine that cost $125,600 and has accumulated depreciation of $90,900. Prepare the entry to record the ilsposal of the machine on January 1 in each separate situation. 1. The machine needed extensive repairs and was not worth repairing. Diaz disposed of the machine, receiving nothing in return. 2. Diaz sold the machine for $15,600 cash. 3. Diaz sold the machine for $34,700 cash. 4. Diaz sold the machine for $41,600 cash. Journal entry worksheet Record the disposal of the machine receiving nothing in return. Note: Enter debits before credits. Montana Mining Company pays $4,891,880 for an ore deposit containing 1,432,000 tons. The company installs machinery in the mine costing $222,000. Both the ore and machinery will have no salvage value after the ore is completely mined. Montana mines and sells 137,200 tons of ore during the year. Prepare the December 31 year-end entries to record both the ore deposit depletion and the mining machinery depreciation. Mining machinery depreciation should be in proportion to the mine's depletion. Note: Do not round intermediate calculations, Round your final answers to the nearest whole number. Journal entry worksheet 2 Record the year-end adjusting entry for the depletion expense of ore mine. Note: Enter debits before credits